Compliance Status
Halal
Screened on Oct 8, 2026 · AAOIFI Standard 21
Excellent
Is Orion Energy Systems, Inc. (OESX) halal? Halal. Based on AAOIFI screening, Orion Energy Systems, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 91/100 (Grade: A+).
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HalalScreener rates Orion Energy Systems, Inc. (OESX) Halal, 91/100, grade A+ under AAOIFI Standard 21, screened Oct 8, 2026. Source: https://halalscreener.app/en/stock/OESX
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
You can own OESX
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened OESX's prohibited income, but the exact share you would need to purify is part of Pro.
OESX: Is Orion Energy Systems, Inc. Halal?
Orion Energy Systems, Inc.
$25.83
Market Cap: 104.8M
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About Orion Energy Systems, Inc.
Orion Energy Systems, Inc. specializes in the comprehensive development, manufacturing, and implementation of energy management solutions, catering to commercial offices, retail spaces, industrial facilities, and exterior lighting needs throughout North America. Its operations are structured across three key segments: Orion Services Group, Orion Distribution Services, and Orion U.S. Markets. The company's product range includes interior LED high-bay luminaires, sophisticated smart building control systems that provide both lighting management and valuable data analytics for facility operators, and LED troffer door retrofits designed for grid ceilings in office and retail environments. Additionally, Orion supplies a diverse portfolio of LED and High-Intensity Fluorescent (HIF) lighting solutions addressing needs in agribusiness, parking lots, roadways, general retail, mezzanines, and various outdoor settings, also serving the private label market. Complementing its product offerings, Orion provides comprehensive maintenance, repair, and component replacement services. It also delivers a wide array of energy management services: site evaluations, on-site field verification, assistance with securing utility incentives and government subsidies, detailed engineering design, project oversight, installation coordination, facility commissioning, and environmentally responsible recycling initiatives. Furthermore, the company actively supplies the aftermarket with replacement lamps and fixture parts. Orion reaches its clientele through a multifaceted distribution network, including direct sales, independent sales agencies, third-party distributors, national and regional account end-users, federal and state government contracts, electrical distributors, electrical contractors, and energy service providers. Founded in 1996, Orion Energy Systems, Inc. maintains its headquarters in Manitowoc, Wisconsin.
Sector: Industrials · Industry: Electrical Equipment & Parts
Shariah Compliance Status
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The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
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Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.